Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 37856.26 Crore) operating in Metals - Ferrous sector.
Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 36451.89 Crore) operating in Metals - Ferrous sector.
Steel Authority of India’s daily trend is bearish to sideways. The RSI for monthly, weekly and daily are showing sideways momentum. Based on option chain analysis, the range is between 85 and 90. Let’s plan a trade around this.
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SAIL share falls nearly 10% amid govt stake sale through OFS
SAIL OFS for non-retail investors opened on January 14, while for retail investors, it will start on January 15. A minimum of 12.5 per cent of offer shares will be reserved for retail investors, and 25 per cent for mutual funds and insurance companies
BusinessToday.In | January 14, 2021 | Updated 14:58 IST
The floor price of offer has been fixed at Rs 64 per share, at a discount of 14.32 per cent as compared to Wednesday s closing price of Rs 74.70
Shares of Steel Authority of India Ltd (SAIL) were trading almost 10% lower in Thursday s session as government will sell up to 10 per cent stake in PSU through an offer for sale (OFS), which could fetch over Rs 2,600 crore for the exchequer.